Home / Knowledge / News / Textiles / 'New tech to affect textile technology landscape'

'New tech to affect textile technology landscape'

25
Aug '18
Courtesy: Infor
Courtesy: Infor
The textile technology landscape will be affected by new technologies such as IoT, AI, Bitcoin, Blockchains and more as they become immersed in the overall supply chain practices. As the amount of data that can be captured and processed increases, they further emphasise the importance of a digital supply chain, said the founder of GT Nexus, an Infor company.

“If companies are still emailing purchase orders and using spreadsheets to run their operations, they will not be in position to take advantage of these new technologies as they evolve. The supply chain has become a strategic advantage and those that don't stay in front of technological innovation will find themselves being disrupted before many of these technologies become reality,” said Kurt Cavano, founder & president, GT Nexus, while speaking to Fibre2Fashion.

GT Nexus is a cloud-based global supply chain management platform. It provides the industry-wide collaboration platform to automate trade and logistics operations across their global partner networks.

Cavano added that connecting with trading partners on a common network sheds light on to what is actually happening in the supply chain and enables visibility, collaboration, and transaction automation between trading partners. He also stated that textile and garment manufacturers must continue to evolve, or they will lose out to more IT-fortified competitors.

As for the challenges faced by today’s manufacturing supply chains, he said, “There's a lot of pressure on supply chains to perform at a high level. Technology is evolving so quickly in the supply chain, which puts pressure on manufacturers to evolve rapidly. As new innovations hit the market, there's always pressure deciding what is real, what is hype and what is going to make a difference. One thing is clear, the future is a digital.” (KD)

Click here to read the complete interview.

Fibre2Fashion News Desk – India


Must ReadView All

Pic: Shutterstock

Apparel/Garments | On 14th Jun 2021

Sri Lanka's EDB concerned over EU resolution to withdraw GSP+

Sri Lanka's Export Development Board is concerned over the resolution ...

Pic: Shutterstock

Textiles | On 14th Jun 2021

Pakistan govt proposes tax relief in budget to boost industrial growth

Pakistan's latest budget aims to reduce the input cost of many...

Pic: Shutterstock

Apparel/Garments | On 14th Jun 2021

Prime Content| Vietnam’s apparel exports expected to rise in 2021: TexPro

Apparel exports of Vietnam are expected to increase from $14.96...

Interviews View All

Florian Heubrandner, Lenzing AG

Florian Heubrandner
Lenzing AG

Sustainable and eco-friendly fibres remain in the minority

Textile Industry, Head honchos

Textile Industry
Head honchos

Opportunity now to reimagine processes & systems in a digital environment

Textile Industry, Head honchos

Textile Industry
Head honchos

Great step towards realising end goal of 'AtmaNirbhar Bharat'

Erwin Devloo,

Erwin Devloo

The Picanol Group is a diversified industrial group active worldwide in...

Bharat Ahuja,

Bharat Ahuja

A mono store brand, <b>Bharat Ahuja's</b> Desire Design Studio has emerged ...

Tony Naschberger,

Tony Naschberger

With production sites in Klagenfurt and Kufstein, Zimmer Austria is a...

Karan Bose, Hula Global

Karan Bose
Hula Global

Hula Global, a leading isolation gown manufacturer in India, has been...

Johann-Philipp Dilo, Dilo Group

Johann-Philipp Dilo
Dilo Group

German company Dilo Group is one of the leading equipment suppliers of...

Asif Rahman, MIP

Asif Rahman
MIP

MIP is a manufacturer and distributor of high-performance textiles and...

Sailesh Singhania, Sailesh Singhania Label

Sailesh Singhania
Sailesh Singhania Label

The Sailesh Singhania label was created to promote handwoven sarees and...

Sarah Denise Cordery, Sarah Denise Studio

Sarah Denise Cordery
Sarah Denise Studio

Manchester, England-based Sarah Denise Studio provides relevant fashion...

Archana Jaju, Label Archana Jaju

Archana Jaju
Label Archana Jaju

<b>Archana Jaju</b>’s Hyderabad-based eponymous label works with artisans...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

Leave your Comments


June 2021

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.


Advanced Search